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Carriers are benefiting from lower oil prices, but face capacity overhang.
CMA CGM Vice Chairman Rodolphe Saadé calls deal a "major new agreement."
The Federal Aviation Administration has proposed civil penalties against a large U.S. carrier and two shippers for alleged U.S. hazardous materials rules violations.
Experimental off dock drop yard at the Port of Los Angeles could help speed containers.
The International Association of Classifications Societies said it would continue to study the report and the will finalized the requirements soon.
The federal agency alleges shipments did not include relevant documents and were improperly packaged and labeled.